Securities Exchange Commission The SEC today voted to adopt two sets of new rules encouraging better disclosure for investors in ABS. One set of rules requires issuers to disclose the history of the requests they received and repurchases they made related to their outstanding ABS and a second set of rules that would require issuers of ABS to conduct a review of underlying assets. Document Number Files No. S7-24-10 and S7-26-10 Date January 20, 2011 Cross References (links may require a Cabinet subscription) Section 945 of the Dodd-Frank Act Item 1111 of Regulation AB Items 1104 and 11212 of

CFTC Dodd-Frank Rulemaking The CFTC will hold a public meeting on Wednesday, January 26, 2011, to consider the issuance of proposed rulemakings under the Dodd-Frank Wall Street Reform and Consumer Protection Act on the following topics: Reporting by Investment Advisers to Private Funds and Certain Commodity Pool Operators and Commodity Trading Advisors on Form PF (joint with the Securities and Exchange Commission) and Commodity Pool Operators and Commodity Trading Advisors: Amendments to Compliance Obligations. Document Number CFTC PR 5967-11 Date January 19, 2011 Cross References (links may

CFTC Dodd-Frank Rulemaking Staff of the CFTC will hold a public roundtable on January 28, 2011 to discuss issues related to swap data recordkeeping and reporting requirements. The roundtable will assist the CFTC in the understanding and implementation of Section 728 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Issues to be addressed at the Public Roundtable include: Unique Counterparty Identification (UCI); Unique Product Identification (UPI); Unique Swap Identification (USI); and Master Agreement Library and Portfolio Data Warehouse. Document Number CFTC PR 5968-11 Date

News Article The CFTC said that it will hold a hearing on Jan 26 to consider a proposed rule for investment advisors to hedge funds. Publication Reuters Date January 19, 2011 Cross References (links may require a Cabinet subscription) Dodd-Frank Act, Title VII

SEC Press Release (Enforcement) The SEC announced the filing of a civil complaint against a Costa Rican company that provides financial guarantee bonds on life settlements. The complaint alleges that the company and its "purported" outside auditor misrepresented the company's ability to satisfy its obligations under the bonds. The complaint charges the defendants with violations of the anti-fraud provisions of the Securities Act and Exchange Act. In addition, criminal charges were filed in the matter. Document Number SEC PR 2011-15 Date January 19, 2011 Cross References (links may require a